Tech Town Odense A/S — Credit Rating and Financial Key Figures

CVR number: 39240793
Stærmosegårdsvej 8, 5230 Odense M

Credit rating

Company information

Official name
Tech Town Odense A/S
Established
2018
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About Tech Town Odense A/S

Tech Town Odense A/S (CVR number: 39240793) is a company from ODENSE. The company recorded a gross profit of 7235.8 kDKK in 2024. The operating profit was 18.7 mDKK, while net earnings were 9510 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tech Town Odense A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 259.653 646.144 468.193 490.137 235.83
EBIT6 308.529 710.529 422.405 784.7618 692.77
Net earnings3 936.056 522.478 464.792 504.849 510.00
Shareholders equity total33 185.0939 707.5548 172.3445 677.18105 187.18
Balance sheet total (assets)110 264.41119 406.28131 981.07197 614.51265 915.32
Net debt67 304.3868 023.5570 115.11120 687.87139 946.95
Profitability
EBIT-%
ROA6.0 %8.5 %10.0 %3.7 %8.1 %
ROE12.6 %17.9 %19.3 %5.3 %12.6 %
ROI6.2 %8.5 %10.1 %3.9 %8.4 %
Economic value added (EVA)1 627.643 718.132 564.41-1 282.268 953.27
Solvency
Equity ratio30.1 %33.3 %36.5 %23.1 %39.6 %
Gearing202.8 %171.3 %145.6 %264.2 %133.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.01.20.10.0
Current ratio0.00.01.20.10.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.07%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.6%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

Companies in the same industry

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